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Eicher Motors Ltd eases for fifth straight session

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Capital Market

The stock is quoting at Rs 25190, down 2.56% on the day as on 13:19 IST on the NSE. Eicher Motors Ltd tumbled 18.29% in last one year as compared to a 11.31% rally in NIFTY and a 7.43% fall in the Nifty Auto index.

Eicher Motors Ltd dropped for a fifth straight session today. The stock is quoting at 25190, down 2.56% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.19% on the day, quoting at 10988.15. The Sensex is at 36390.42, up 0.24%.Eicher Motors Ltd has eased around 13.08% in last one month.Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has eased around 8.93% in last one month and is currently quoting at 10001, up 0.11% on the day. The volume in the stock stood at 1.07 lakh shares today, compared to the daily average of 53100 shares in last one month.

 

The benchmark September futures contract for the stock is quoting at Rs 25267.1, down 2.64% on the day. Eicher Motors Ltd tumbled 18.29% in last one year as compared to a 11.31% rally in NIFTY and a 7.43% fall in the Nifty Auto index.

The PE of the stock is 36.03 based on TTM earnings ending June 18.

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First Published: Sep 25 2018 | 1:35 PM IST

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